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Bitcoin’s Volatility: Can BTC Hold Above $83K or Will April 2nd Trigger Turbulence?
Bitcoin has recently experienced a sudden price drop, but the cryptocurrency recovered quickly to maintain strong support. The market has been abuzz with speculation about the potential for significant changes in the coming days, particularly on April 2nd.
The recent dip was seen as an opportunity by investors who seized upon it to purchase Bitcoin at lower prices. This buying pressure effectively absorbed all losses and led to a rapid recovery.
Despite recent events, investor sentiment remains robust. Many analysts are now focusing their attention on the impending date of April 2nd, which may lead to significant price fluctuations. Market participants are bracing themselves for any potential turbulence as they monitor the situation closely.
In light of this increased volatility, some experts have been predicting a long-term target of $103,408 in 2025. This would represent an increase of approximately 24.03% from its current value.
Source: https://cryptonewsland.com/bitcoins-volatility-can-btc-hold-above-83k-or-will-april-2nd-trigger-turbulence/
